(POLL) Will BTC Price Really Double By The End Of October?

[CryptoMaster 95]

During this year I saw a lot of people online write about this BTC prediction which surfaced on 4chan. Do you think we will see the BTC price double and reach $16,000 by the end of this month? 

[teminalibug 309]

Nope i bet my head on it. we're at the end of October already so there is no way bitcoin would double within that short period if time.

[Bitxalt 452]

the increase will not be easy, I see prices will not be more than 10K until the end of October, because the growth of cryptocurrencies lately is still in the red zone, and many coins are dead

[Syedbesharat 5423]

I belive  the Bitcoin will make it to 14K at the end of the October.The Prediction is aboit 16K but i think it would be 14K at the end of the month.Bitcoin will not able to cross the 16K price that easily.In last we can how Bitcoin price pumped up and the alt coins price go up also.so Bitcoin can be Double at the end of oct.

[williamz902 696]

Whoever predicted this is far off, unless they are a whale and plan to do something incredible in the next 3 days. I still think BTC will fall to about 6k, maybe even slightly lower. I was looking at the graph this morning and it's pattern is very peculiar, but then again, I've always had trouble figuring out what BTC is doing. Most of the other altcoins are easy - but BTC is more confusing.

[cryptokram 102]

we are still more than 72 hours away before closing the month of October, we still have a chance to see the prediction to happen, the first 2 were done correctly but there are some in the community sending that pics with X on the 16K and will not happen anymore (they say)

[setifien 1016]

On 10/26/2019 at 3:31 PM, ashasanga said:

From what i see probably BTC will worthy 2000 US dollar but at the end of the year, October! I don't think so that will be crazy.

2k sure !!! It's around (-80℅) 

I don't think, even if it drops dramatically, it won't hit that point 

[setifien 1016]

21 minutes ago, ashasanga said:

Ah! my mistake, i meant 20000, not 2000 sorry. anyway now that you know what i meant what's your opinion, do you think bitcoin could hit 20000 usd at the end of october, we're at the end by the way, so like i said in previous comment that's crazy.

No I don't.

The maximum amount that bitcoin could hit is around 15k (±1000 usd) given that just 3 days are left until the end of this month

[setifien 1016]

1 hour ago, ashasanga said:

Pretty much it, so some predictions have failed i guess, unless bitcoin does magin today and hoit that 15k. Do these predictors do analysis or just predict from no where?

Predictors are supposed to follow some algorithms and statistic models to predict the approximate price, but is some circumstances BTC doesn't respect these models because of manipulation done by whales, rumours that can deviate the price ...etc

[setifien 1016]

6 minutes ago, ashasanga said:

In that case you're saying that bitcoin in a way is not very safe to trade with compared to Fiat money since analyzing it does not always count on getting good results?

No this is not what I meant, I said in some circumstances BTC shows a very unregulated directions (it opposed analysts predictions several times).

I believe it's safe for long term investment but for short term, it is not

[superikoi 4]

Hopefully it will. I've been loosing my trades these pat few days, I'm just a newbie but every single bit of my money is important because I have to start getting a life, lol. But really, I hope it will double so I could take back what is lost. I don't know how to read the graphs yet so hoping is the only option for now. Cheers!

[setifien 1016]

1 hour ago, ashasanga said:

Okay i get it but still apart from long term investment, what are your views about daily trading with bitcoin or any other cryptocurency, is it safe and profitable for daily trading?

There is not an absolute answer (yes/on), it depends on more than one factor : 

*Trader knowledge & proficiency

* The amount invested in trading

* The pairs trader is working on 

* Demand & supply 

And many other parameters that every trader should care about